1. China
China continues to be known as the world’s largest exporter. The report states that China’s growth rate is expected to pick up to 8.2% in 2013, from 7.8% in 2012, even as the new leadership tries to move economic drivers away from exports and investment towards consumption.
(Photo:
Reuters Pictures)
2. India
Growth in India slipped to a nine-year low in 2012 as
persistent high inflation cut into consumer spending power and political
gridlock hampered meaningful economic reforms, according to the business
report. However there are signs of change, FDI in the retail sector and growth
is expected to quicken to 6.0% in 2013.
(Photo:
Reuters Pictures)
3. Brazil
Although Brazil’s financial health has barely grown in the last 24 months, the report forecasts that the economy will expand by 4.0% in 2013.
(Photo:
Reuters Pictures)
4. Russia
In August last year, Russia joined the World Trade Organization. The report states that with unrest in the Middle East persisting, growth of 3.8% in Russia in 2013 will be underpinned by high oil and gas prices.
(Photo:
Reuters Pictures)
5. Mexico
Following expansion of 3.8% in 2012, Mexico has bounced back strongly from the recession north of its border is expected to grow by 3.5% in 2013.
(Photo:
Reuters Pictures)
6. Australia
Australia is expected to see a considerable economic growth this year. The report forecasts that the country is expected to grow 3.0% in 2013.
(Photo:
Getty Images)
7. New Zealand
After a growth of 2.2% in 2012, New Zealand is expected to show a significant expansion of 3.0% in 2013.
(Photo:
Getty Images)
Thu, 24 Jan, 2013 3:00 AM EST
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